Originally posted by carpedm9587
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Yes - I said that, and stand by it. That is how businesses operate. That is even MY philosophy in MY business. There is nothing unethical about this approach, and no conflict with social justice. It does not make a company "bad." It is a fiscal reality. A business does not WANT to hire. Payroll is the most expensive part of most business' operating budget. No business I have ever encountered is actively seeking to hire unless they have increased demand they cannot meet by any other means (e.g., temp workers, contractors, efficiency increases, etc.).
And we're seeing it unfolding in the shadow of the tax cuts. Although some businesses have announced plans to "grow the business" with the cuts, it is yet unclear how many jobs that will result in. Most businesses appear to be planning to use the new cash for stock-buy-back, increased dividends, mergers and acquisitions, and debt reduction. None of those things will create jobs.
And we're seeing it unfolding in the shadow of the tax cuts. Although some businesses have announced plans to "grow the business" with the cuts, it is yet unclear how many jobs that will result in. Most businesses appear to be planning to use the new cash for stock-buy-back, increased dividends, mergers and acquisitions, and debt reduction. None of those things will create jobs.
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